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GIA
GIA to Roll Out Gem Guide Across Africa
The Gemological Institute ofAmerica (GIA) has committed $1.3 million to deploying its free gemology guidefor artisanal miners across multiple countries in Africa. The kit will be available to 10,000 miners over four years inMadagascar,...
Mining Oct 22, 2019 Rapaport News
DEF
DEF Invests in Education on Three Continents
The Diamond Empowerment Fund (DEF) has grantedits largest-ever award, to be shared among nine beneficiaries across three continents.The $470,000 training and education grant,released early last week, is designed to support girls’ education,entrepreneurship and youth...
Financial-Legal Oct 15, 2019 Rapaport News
Marie Chantal Kaninda WDC.
WDC Exec Ranked Among Africa’s Most Influential
Marie-Chantal Kaninda, executive director of the WorldDiamond Council (WDC), was named as one of the 100 most influential women inAfrica by Forbes Afrique.Kaninda, who joined the WDC in March 2017, was noted forher work to further...
Mining Jul 11, 2019 Rapaport News
De Beers sight box
De Beers Reduces Sightholder Supply
De Beers sightholders are bracing for lower rough supplyfor the rest of 2019 as the miner reduces its production and fulfills itscommitments to support local manufacturing in Africa.The company expects production to drop as its Victor minein...
Rough Markets Apr 08, 2019 Joshua Freedman
Rapaport Logo
Martin Rapaport New Year Message
Dear Friends,Greetings and best wishes for a happy, healthy, prosperousand peaceful New Year. The New Year is an important time for introspection. Forthinking about our past, present and future. This New Year has...
Fair Trade Dec 20, 2018 Martin Rapaport
Namibia
Namibia Predicts Diamond-Sector Slowdown
Economic growth from Namibia’s diamond-mining sector willslow this year due to depletion of resources from inland deposits, its nationalbank said. While the industry’s contribution to gross domestic product(GDP) will increase 11% in 2018, that...
Mining Jul 09, 2018 Rapaport News
De Beers Botswana 150
De Beers, Botswana Prep for New Sales Deal
Botswana once again finds itself at a crossroads. The sparsely populated,landlocked country is in a constant battle to ensure the longevity of itsdiamond industry.Recognizing that diamond mining will not last forever, thegovernment’s beneficiation program has sought to establish...
Mining Jul 09, 2018 Avi Krawitz
GJEPC Predicts Strong Year for Jewelry 150
GJEPC Predicts Strong Year for Jewelry
India’s gem and jewelry exports will grow by adouble-digit percentage this year, Pramod Agrawal, the newly elected chairman ofthe Gem & Jewellery Export Promotion Council (GJEPC), predicted this week. The high...
Polished Markets Feb 13, 2018 David Brough
Vladimir Marchenko Alrosa
Alrosa Names Head of Africa Projects
Alrosa has appointed Vladimir Marchenko (pictured) as vice presidentresponsible for the Russian miner’s operations in Africa.The company has a 33% stake in Catoca, a diamond-miningproject in Angola, and plans to increase its share, it said last week. Theminer...
Mining Sep 26, 2017 Rapaport News
Crown of Light Almod
‘Crown of Light’ Brand Hits $100M Milestone
Sales of “Crown of Light” diamonds exceeded $100 million in 2016, hitting the milestone 10 years after brand owner Almod Diamonds launched its manufacturing operations, the company reported Monday.The 90-facet patented cut is one of the...
Manufacturing Jun 20, 2017 Rapaport News
faberge
Fabergé Shows ‘Encouraging’ Growth
Fabergé, the famed jewelry brand owned by Gemfields, recorded a 63% jump in unitsales during the third fiscal quarter, as the miner expanded its marketing efforts for the luxury business division.The number of actual sales...
Retail May 16, 2017 Rapaport News
Lucapa Lulo large diamond
Lucapa Weighs Floating on London’s AIM
Lucapa Diamond Company, which this year discovered Angola'slargest diamond, is considering a listing on London's Alternative InvestmentMarket (AIM), The Daily Telegraph reported.The move comes after the company said it is expanding itsoperations and hunting for...
Mining Jul 04, 2016 Rapaport News
Pope Francis
Pope Warns Africa’s Illegal Diamond Trade Abets Crime, Terrorism
PopeFrancishas warned Africa’s illegal trade in diamonds and other precious resources abetscriminal activities and terrorism while undermining political stability.“Human selfishness” and the abuse of the poor and excludedrisked tearing Africa into pieces,...
Fair Trade Nov 30, 2015 Rapaport News
namibia
Namibian Diamond Factories Decimated in Downturn, Mining Minister Says
NineNamibian diamond-cutting and polishing factoriesout of 13 have shut down over the last few years because of a downturn in the industryacross the world, The Namibian cited the nation’s minister for mines and energy Obeth...
Manufacturing Nov 25, 2015 Rapaport News
Murowa Mine
Murowa Mine Working to Boost Production After Rio Tinto Exit
Zimbabwe’s Murowa mine, formerly controlled by Rio Tinto, isset for a return to diamond production, after earlierfears that it was shutting down following the key investor’s exit.The mine is working on boosting production, Zimbabweannewspaper The Chronicle...
Mining Nov 11, 2015 Rapaport News
diamond empowerment fund def
Diamond Empowerment Fund Awards Higher-Education Grants
The Diamond Empowerment Fund (DEF) donated $122,500 to the African Leadership Academy (ALA) to help “outstanding” young students gain access to higher education.ALA co-founders Fred Swaniker, a former consultant at McKinsey & Company, and Chris...
Polished Markets Oct 05, 2015 Rapaport News
shining light
De Beers Names Shining Light Award Winners
De Beers announced the winners of the 18th annual Shining Light Awards, selecting Lilja Pesanka Hastie, from the Tshwane University of Technology in Pretoria to receive the highest accolade: The Forevermark Promise Award. Hastie was...
Marketing Jul 10, 2015 Jeff Miller
WDC
WDC Offers Support to ADPA in Dealing With Ebola
Press Release: The World Diamond Council (WDC) has made contact with the African Diamond Producers Association (ADPA), offering its support in dealing with the impact on the mining sector of the Ebola crisis...
Rough Markets Nov 06, 2014 WDC
RDR Gold Rush
JA, NRF Host Responsible Gold Sourcing Discussion on July 27
Jewelers of America (JA) and the National Retail Federation (NRF) will cohost a discussion on the values associated with responsible sourcing of gold, particularly from areas such as the Great Lakes region of Africa. The discussion...
Manufacturing Jul 16, 2014 Jeff Miller
Fair Trade Conference Panelists
Guiding Principles
The annual Rapaport Fair Trade Conference that took place in Las Vegas in June sought to develop a broad set of values that would promote greater corporate social responsibility (CSR) across the jewelry supply chain....
Fair Trade Jun 27, 2014 Rapaport News
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